9:30 2008

the dow went down 770$ thats not an econimic tradijy we can still come out of the struggle
city group is taking ove wokaviai agree because a big bank baught a little bank
hugo chavez is helping russia i dont think he should do that!
pirates took over ukranian ship awesome

anxiety spreads questions

1. The cause that made her prices go up was the cost for truckers to haul over all the ingredients were really high.

2. The high prices on the food and other daily living things are so high that they made all the people move out of thier homes because they couldn't pay for all thier expensesso they had to rent a room?

3. consumer price index- cost of goods and services for one person over a year!

http://wiki.answers.com/Q/What_Level_of_economic_growth_in_consumer_price_index&alreadyAsked=1&rtitle=What_is_Consumer_Price_Indexan

core inflation- indicator for long term inflation that excludes certain items which face volital price movements.

http://www.investopedia.com/terms/c/coreinflation.asp

!my opinion is consumer price index!

a sub-prime mortage is when the persons credit rating isn't good the bank stiil gives them a loan, sub-prime loans have lower down payments than usual, meaning equity building in the house will not be as high
http://www.usatoday.com/money/perfi/columnist/waggon/2007-03-15-subprime-woes_N.htm

(http://www.investopedia.com/terms/c/creditdefaultswap.asp answer)

secures your credit (mortge) if you loose a job or something happens to you and your credit insurance will cover a percentage of your coverage
http://en.wikipedia.org/wiki/Credit_insurance

great depression

The depression began in 1929 and lasted for about a decade. the main reason for the Great Depression was the unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade.
http://www.gusmorino.com/pag3/greatdepression/

The Great Depression badly affected the American people because there wasn’t a welfare system for unemployed workers. Between 1929 and 1933 money income fell 53% and as a result, demand fell considerably. This led to lower levels of production and an unemployment rate of 25% by 1933.
http://www.thegreatdepression.co.uk/effects-on-america/

There are a couple different reasons how America got out of the great depression. First, the New Deal presented by Franklin D. Roosavelt helped give americans jobs. In the New Deal the government basically created jobs for the Americans who needed them.
Second, World War II. World War II also helped because it created even more jobs. Thousands of men could just enlist for the army. Though by the time World War II came around, America was already out of the worst of the great depression. World War II was more of an event that officially marked the end of the Great Depression.
http://wiki.answers.com/Q/How_did_the_US_come_out_of_the_Great_Depression